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Forex Trend Analysis Report

Prepared for you on Friday, February 21, 2020.

British Pound/Mauritius Rupee (FOREX:GBPMUR)

Countertrend Up (+85) - GBPMUR is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid GBPMUR?

MarketClub looks at technical strength and momentum to determine if the timing is right for GBPMUR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_GBPMUR
Open High Low GBPMUR Price Change
48.535455 48.655463 48.525373 48.611983 +0.076528
Entry Signal

MarketClub’s Trade Triangles for GBPMUR

long term up The long-term trend has been UP since Oct 13th, 2019 at 45.632000

intermediate term up The intermediate-term trend has been UP since Jan 24th, 2020 at 48.369565

short term down The short-term trend has been DOWN since Feb 19th, 2020 at 48.203315

Smart Scan Analysis for GBPMUR

Based on our trend formula, GBPMUR is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for GBPMUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
48.535455 48.655463 48.525373 48.611983 +0.076528
Prev. Close Volume Bid Ask Time
48.535455 46.819065 50.404901 2020-02-21 06:12:26
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